How easy is it to create wealth? follow these principles.

wealth creation: key principles

Level - INTERMEDIATE

Building wealth involves allocating resources across diversified assets in a systematic manner and constantly rebalancing the mix. Learn more about the key principles that define wealth creation. Watch this investor education investor education video by Moneykraft.

AUTHOR(S): Taruna Changulani

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Wealth Creation: Key Principles

 Building wealth involves allocating resources across diversified assets in a systematic manner and constantly rebalancing the mix. Learn more about the key principles that define wealth creation.

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    1.An ideal investment for a young earning couple would be



  • Diamond jewellery
  • Equity
  • Bank fixed deposit
  • 2.An individual with low savings can create wealth by



  • Investing entirely in equity so that he can build wealth faster
  • Keeping all his savings in bank deposits to protect them
  • Diversifying across a balanced set of debt, equity, cash and other assets
  • 3.An investor purchased a home very early in his earning period. It would be wise for him to spend some years on



  • Acquiring other properties
  • Acquiring debt and equity investments
  • Staying in cash so that he can repay the home loan as soon as possible
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